Followers | 241 |
Posts | 12197 |
Boards Moderated | 3 |
Alias Born | 04/05/2009 |
Thursday, April 15, 2021 8:14:53 AM
NEW YORK--(BUSINESS WIRE)--Coty Inc. (NYSE: COTY) (“Coty”) today announced its intention to offer, in a private transaction, up to $750 million aggregate principal amount of senior secured notes (the “Notes”), subject to market and customary conditions. The interest rates and other key terms of the offering will be determined at the time of pricing.
The Notes will be senior secured obligations of Coty and will be guaranteed on a senior secured basis by each of Coty’s subsidiaries and will be secured by first priority liens on the same collateral that secures Coty’s obligations under its existing senior secured credit facilities. The Notes and the guarantees will be equal in right of payment with all of Coty’s and the guarantors’ respective existing and future senior indebtedness and will be pari passu with all of Coty’s and the guarantors’ respective existing and future indebtedness that is secured by a first priority lien on the collateral, including the existing senior secured credit facilities, to the extent of the value of such collateral.
Coty intends to use the net proceeds from the offering to repay a portion of its outstanding term loans under its existing credit facilities and to pay any related premiums, fees and expenses thereto.
The Notes and the related guarantees have not been, and will not be, registered under the Securities Act of 1933, as amended (the “Securities Act”), or any applicable state or foreign securities laws, and will be offered only to persons reasonably believed to be qualified institutional buyers in reliance on Rule 144A, and to persons outside the United States in compliance with Regulation S under the Securities Act. Unless so registered, the Notes and the related guarantees may not be offered or sold in the United States except pursuant to an exemption from the registration requirements of the Securities Act and applicable state securities laws.
This press release shall not constitute an offer to sell, or the solicitation of an offer to buy, any securities, nor shall there be any sales of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.
https://www.businesswire.com/news/home/20210415005552/en/Coty-Inc.-to-Offer-Senior-Secured-Notes
"Someone said it takes 30 years to be an instant success" - Gabriel Barbier-Mueller, CEO of Harwood International
Recent COTY News
- Form 8-K - Current report • Edgar (US Regulatory) • 11/07/2024 10:15:30 PM
- Qualcomm Exceeds Expectations, Rises 8%; Wolfspeed Drops 25% on Negative Margin; Lyft and AppLovin Surge Over 20% • IH Market News • 11/07/2024 11:16:12 AM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2024 10:23:21 PM
- Coty Inc. Announces Cash Tender Offer for Up to $250 Million Outstanding 5.000% Senior Secured Notes due 2026 • Business Wire • 11/06/2024 10:14:00 PM
- Form 10-Q - Quarterly report [Sections 13 or 15(d)] • Edgar (US Regulatory) • 11/06/2024 09:46:55 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 11/06/2024 09:31:38 PM
- Coty Reports Solid Q1 Growth Fueled by Prestige Fragrances, Outperforming Beauty Market • Business Wire • 11/06/2024 09:30:00 PM
- COTY ATTEINT SES OBJECTIFS ET DEFINIT DE NOUVEAUX ENGAGEMENTS DANS SON RAPPORT DE DEVELOPPEMENT DURABLE FY24 • Business Wire • 11/04/2024 07:00:00 AM
- Coty Achieves Key Milestones and Sets New Targets in FY24 Sustainability Report • Business Wire • 11/04/2024 07:00:00 AM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/22/2024 09:55:36 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/22/2024 09:54:45 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/22/2024 09:53:49 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/22/2024 09:52:48 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 10/22/2024 09:51:53 PM
- Form 8-K - Current report • Edgar (US Regulatory) • 10/15/2024 09:15:20 PM
- Ericsson Shares Surge 7% on Strong Earnings, Nvidia Drops 2%, Google Invests in Nuclear Power for AI • IH Market News • 10/15/2024 09:46:33 AM
- Coty Announces Preliminary First Quarter Results and Reiterates FY25 Adjusted EBITDA Outlook for +9-11% YoY Growth, Supporting Stronger EBITDA Margin Expansion • Business Wire • 10/14/2024 08:30:00 PM
- Coty célèbre ses 120 ans avec l’événement : Coty, A Fragrance Disruptor Since 1904 • Business Wire • 10/08/2024 06:00:00 AM
- Coty, A Fragrance Disruptor Since 1904 • Business Wire • 10/08/2024 06:00:00 AM
- Form ARS - Annual Report to Security Holders • Edgar (US Regulatory) • 09/26/2024 09:30:29 PM
- Form DEFA14A - Additional definitive proxy soliciting materials and Rule 14(a)(12) material • Edgar (US Regulatory) • 09/26/2024 09:28:06 PM
- Form DEF 14A - Other definitive proxy statements • Edgar (US Regulatory) • 09/26/2024 09:27:00 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/25/2024 10:46:27 PM
- Form 4 - Statement of changes in beneficial ownership of securities • Edgar (US Regulatory) • 09/25/2024 10:45:51 PM
FEATURED DBG Pays Off $1.3 Million in Convertible Notes, which Retires All of the Company's Convertible Notes • Nov 7, 2024 2:16 PM
SANUWAVE Announces Record Quarterly Revenues: Q3 FY2024 Financial Results • SNWV • Nov 8, 2024 7:07 AM
SMX and FinGo Enter Into Collaboration Mandate to Develop a Joint 'Physical to Digital' Platform Service • SMX • Nov 7, 2024 8:48 AM
Rainmaker Worldwide Inc. (OTC: RAKR) Announces Successful Implementation of 1.6 Million Liter Per Day Wastewater Treatment Project in Iraq • RAKR • Nov 7, 2024 8:30 AM
SBC Medical Group Holdings and MEDIROM Healthcare Technologies Announce Business Alliance • SBC • Nov 7, 2024 7:00 AM
VAYK Confirms Insider Buying at Open Market • VAYK • Nov 5, 2024 10:40 AM